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MODERNA (MRNA) 08 Nov 2021 14:23 #1

  • remo
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This ones dropped loads from the highs recently....Its forming a hammer right near the 61.8 fib level(14616)
As long as 61.8 fib holds then it should move higher.A break below could send this down big time.
Ive made a load of money on this and was lucky to have closed out most near the highs, but i recently re-entered and got burnt .. But im holding onto them for now the longer term as it was just profits .
This lost around 30% in 2 days and this was due to a profit warning, missing the target of 20 billion profit for the year and coming in around 15-18 the really big drop came due to pfizer coming out with a pill for covid as well..
Ive actually got pfizer shares mainly now as they have cornered the market for covid in a big way.

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MODERNA (MRNA) 05 Nov 2021 19:24 #2

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Question is this drop over?
I see 200 as key support, currently sat on weekly 50 day moving average,providing support



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